GOP Plans Would Raise Taxes on Student Loan Borrowers, Students in School

Republican lawmakers are considering a number of proposals that could effectively increase taxes on students enrolled in school, as well as millions of student loan borrowers already in repayment. The plans, which have not been finalized and are still under review, could become part of a major tax bill that GOP leaders hope to pass through the reconciliation process, which would allow a party-line vote that bypasses the Senate filibuster, which normally would require Democratic support to overcome. Republicans hold slim majorities in both the House and the Senate.